Larvotto Nears Gold & Antimony Production After Rejecting $750M Bid
Larvotto Resources is approaching first production at the Hillgrove Gold-Antimony Project after acquiring the asset for just $3 million and rejecting a $750 million takeover proposal. At the 2026 Gold Coast Gold Conference, Australian Gold Fund founder Brian Chu speaks with Managing Director Ron Heeks about production timelines, antimony markets, gold prices, and the company's next growth phase. About This Interview Larvotto Resources is set to become one of Australia's few producers of both gold and antimony, with first production expected in the coming months. In this interview, Ron Heeks discusses how the company secured the Hillgrove project out of administration, the progress made since acquisition, and why management believes the project offers substantial long-term value beyond recent market volatility. The conversation also explores the growing importance of antimony and tungsten, current commodity market dynamics, project economics, and Larvotto's broader strategy across multiple critical metals. Key Topics Covered • How Larvotto acquired Hillgrove for $3 million • Why management rejected a $750 million takeover proposal • Expected production timeline for Hillgrove • Gold, antimony and tungsten market outlook • Antimony's role in solar panels and industrial demand • Expansion plans at Hillgrove • Potential 20+ year mine life • Mount Isa copper opportunities • Current gold market risks and inflation outlook • What investors should watch over the next 12 months ⚠️ Disclaimer: This content is for informational purposes only and does not constitute financial advice. Please do your own research and seek professional advice before making investment decisions. Timestamps 00:00 Introduction 00:26 How Larvotto Acquired Hillgrove 01:47 Building Value Since Acquisition 03:01 Production Timeline and Economics 04:27 Antimony Demand Explained 05:11 The Rejected $750M Takeover Offer 07:03 Hillgrove Production Milestones 08:06 Gold Market Outlook and Inflation 10:24 Metallurgy and Processing 11:11 Mount Isa Growth Plans 12:19 Multi-Metal Expansion Strategy 13:36 Final Thoughts For portfolio insights, precious metals research and mining sector analysis: Explore more: https://www.fattail.com.au Live charts, data, and mining stock insights: https://www.goldhub.com.au Research, performance reports, and market commentary: https://goldfund.com.au Follow Us: X: https://x.com/aus_goldfund LinkedIn: / australian-gold-fund Instagram: / aust.goldfund [ ASX gold stocks, Australian gold stocks, gold mining stocks, antimony stocks, critical minerals, junior gold miners, near-term gold producers, mining stocks Australia, resource stocks, gold investing, commodity investing, tungsten market, Hillgrove mine, Larvotto Resources, Australian Gold Fund, Brian Chu ] #ASXStocks #GoldMining #Antimony

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